NEO follows the fashion on flat trends
Since our last review, NEO has overcome the local resistance on $ 120, drew a buy signal from the MAcross and tested the resistance at $ 150 twice.
However, large volumes did not appear at the market, and all these attempts to start a new big wave of growth were unsuccessful.
And now the rate has dived under the slow moving average, foreshadowing the interweaving of averages, which we already see on many cryptocurrencies and a flat.
In this situation, we recommend refraining from bidding, waiting for a steady price movement up or down.
Follow our reviews!
All Technical Analyses from the ICEX team are on our website -
https://app.icex.ch/en/feed/techical-analysis#icex #bitcoin #Cryptocurrency #investment #exchange #analysis #technicalanalysis #NEO
